[IPO] MOBIRIX, public subscription competition rate record 1485:1...listed on KOSDAQ on the 28th 관리자 2021.01.20 |
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5.34 million shares received to 360,000
shares, estimated margin 3,743.5 billion (KRW) Scheduled to be list on KOSDAQ on coming 28th.
Mobile game developer and publisher MOBIRIX
announced on the 20th that it recorded a final subscription competition rate of
1485.51 to 1 as a result of public subscription on the 19th and 20th.
This subscription was for public for
360,000 shares, which worth 20% of the 1.8 million shares of the company's
total public offering. A total of 5.34 million shares were received, and the
margin was accounted at 3,743.5 billion (KWR). MOBIRIX CI [picture=MOBIRIX Corp.]
As a result of the book building conducted
for institutional investors on the 14th and 15th, MOBIRIX recorded a
competition rate of 1407.53 to 1, and the public offering price was set as 14,000
(KRW), which is the uppermost of the range of the desired public offering price
that is ranged from 10,500 to 14,000 KRW. At the time of book building, 97% of offered prices gathered on upper
part of the range among participating institutions, therefore the public
offering was showing great interest in MOBIRIX's listing.
The C.E.O of MOBIRIX, Joong-Su Lim said,
"It seems that the profitability of the company specializing in casual
mobile games was reasonably evaluated by ordinary investors, and also we will keep
continue to strive to increase the company's sales after the listing”
MOBIRIX will be listed on the KOSDAQ on the
28th after the payment and refund of margin on 22nd of
this month. The public offering funds are planned to be mainly used for 1.
Game development costs to
expand mid to long-term new lineups 2.
Investment in excellent game
developers and studios for synergy from external sourcing 3.
User data analysis advancement
development costs.
MOBIRIX is founded in 2004, and engaged in
mobile casual game development and publishing as its main business. Over 200
games are servicing around the world through Google Play and Apple’s App Store,
moreover it is solidifying its position as the number 1 company in the number
of global downloads in Korea. It has secured players from various countries such
as North America, Europe, and Asia, and more than 91% of total sales are
generated overseas. The sales structure of MOBIRIX is expanding scale in harmoniously
as 63% of platform-based advertising revenue, 33% of in-app payments, and 4% of
others.
In 2019, Mobirix achieved sales of 40.34 billion (KRW), operating income of 7.43 billion (KRW), and net income of 6.18 billion (KRW). In the third quarter of last year, 32.9 billion (KRW) in sales, operating income 7.7 billion (KRW) and the net income of 5.9 billion (KRW) were calculated. Compared to the same period of the previous year, sales are 7.85% increased. In particular, operating income and net income increased significantly by 52.28% and 58.86%, and its performance is being constantly grow.
NEWSPIM zunii@newspim.com
http://www.newspim.com/news/view/20210120001210
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